Global Business Travel (GBTG) legal chief sells stock outside 10b5-1 plan

Rhea-AI Filing Summary

Global Business Travel Group, Inc. (GBTG) reported that officer Eric J. Bock, Chief Legal Officer and Global Head of Mergers & Acquisitions and Compliance & Corporate Secretary, sold 10,000 shares of Class A Common Stock on August 20, 2026 at $9.46 per share. Following this sale, he directly holds 763,957 shares, which the company notes includes shares acquired under its Employee Stock Purchase Plan on August 14, 2026. The filing states the transaction was not made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 1 txn

Insider Bock Eric J.

Role See remarks

Sold 10,000 shs ($95K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	10,000	$9.46	$95K

Holdings After Transaction: Class A Common Stock — 763,957 shares (Direct)

Footnotes (1)

1. F1. Includes shares acquired under the company's Employee Stock Purchase Plan on August 14, 2026.

Key Figures

Shares sold: 10,000 shares Sale price per share: $9.46 per share Aggregate sale value: $94,600 +2 more

5 metrics

Shares sold 10,000 shares Class A Common Stock sold on August 20, 2026

Sale price per share $9.46 per share Reported price for the August 20, 2026 sale

Aggregate sale value $94,600 10,000 shares sold at $9.46 per share

Shares owned after transaction 763,957 shares Direct holdings of Eric J. Bock following the sale, including ESPP shares

Net buy/sell shares -10,000 shares Net effect of reported transactions in this Form 4

Key Terms

Employee Stock Purchase Plan, Class A Common Stock, Rule 10b5-1

3 terms

Employee Stock Purchase Plan financial

"Includes shares acquired under the company's Employee Stock Purchase Plan on August 14, 2026"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Class A Common Stock financial

"security_title: "Class A Common Stock" in the transaction record"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Rule 10b5-1 regulatory

"aff_10b5_one indicates the Rule 10b5-1 trading plan checkbox status"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did GBTG disclose for Eric J. Bock?

GBTG disclosed that Eric J. Bock sold 10,000 shares of Class A Common Stock on August 20, 2026 at $9.46 per share, in an open-market or private transaction.

How many GBTG (GBTG) shares does Eric J. Bock own after this sale?

After the reported sale, Eric J. Bock directly holds 763,957 shares of GBTG Class A Common Stock, including shares acquired under the company’s Employee Stock Purchase Plan on August 14, 2026.

What was the total dollar value of Eric J. Bock’s GBTG share sale?

Eric J. Bock’s sale of 10,000 shares at $9.46 per share represents an aggregate transaction value of approximately $94,600, based on the reported per-share price.

Was Eric J. Bock’s GBTG stock sale under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported sale was not executed under a Rule 10b5-1 trading plan.

What type of security did Eric J. Bock trade in this GBTG Form 4?

The transaction involved Class A Common Stock of Global Business Travel Group, Inc., with 10,000 shares sold at a reported price of $9.46 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 04:13 PM Accepted by SEC EDGAR 08/21/2026 - 04:12 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bock Eric J.

(Last) (First) (Middle)

10 SEA COURT

(Street)

VERO BEACH FLORIDA 32963

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Global Business Travel Group, Inc. [ GBTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/20/2026		S		10,000	D	$9.46	763,957(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes shares acquired under the company's Employee Stock Purchase Plan on August 14, 2026.

Remarks:

Title: Chief Legal Officer & Global Head of Mergers & Acquisitions and Compliance & Corporate Secretary

	Jennifer Giampietro, as Attorney-in-Fact	08/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)